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Entrodev

Active
Private limited companyfounded 2010active for 16 yearsBoskapellaan 78, 9080 Lochristi, BelgiumKBO/BCE: BE 0822.500.711
Summary

The computed 12-month bankruptcy probability of Entrodev is 3.9% (moderate). For Entrodev, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €164,882 and a net result of €50,282. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 69% of 33,189 sector peers (NACE 43, financial year 2023). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€266,702total assets 2023
Equity
€164,882
Profit
€50,282
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
3.9%
2023 figures too old to score
Structure
Accounts 626 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2023 (filed 08-03-2024)2 financial years not filed after the legal deadline; latest accounts 30 days late; 2 of the last 3 lateTwo or more financial years not filedlowers riskLiquidity: current ratio 4.65, cash €55,836Founded in 2010neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2021
Strong
Solvency 87-13
equity 61.8% of total assets
Liquidity 72-18
short-term debt 17.1% · cash 20.9%
Profitability 92+14
return on assets 18.9%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024lowest value 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 1.1%▲ +0.3 percentage points vs 01-2025 03-2025: 1.5%▲ +0.4 percentage points vs 02-2025 04-2025: 2.5%▲ +1.0 percentage point vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 1.2%▼ -1.3 percentage points vs 05-2025 07-2025: 2.4%▲ +1.2 percentage points vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 2.5%▲ +0.1 percentage points vs 08-2025 10-2025: 2.3%▼ -0.2 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.2%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%▲ +1.2 percentage points vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 4.0%▲ +0.6 percentage points vs 03-2026highest value 05-2026: 3.9%▼ -0.1 percentage points vs 04-2026 06-2026: 3.9%● unchanged vs 05-2026 07-2026: 3.9%● unchanged vs 06-2026 08-2026: 3.9%● unchanged vs 07-2026 09-2026: 3.9%● unchanged vs 08-2026 10-2026: 3.9%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 08-03-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 30 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 4.65, cash €55,836
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-06-2024 year end31-01-2025 deadline19-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 29-02-2024, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
29 days late
2021
120 days late
2019
151 days late
2017
on the day
2016
156 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 91 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Highest result from 2019 to 2023net €50,282 ▲624%
  3. Equity above €150,000equity €164,882 ▲89%

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 January 2025 Financial year closed on 30 June 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.

Equity
€164,882▲ 89.0%
2021 · €87,246
Total assets
€266,702▲ 178%
2021 · €96,042
Net result
€50,282▲ 624%
2021 · €6,949
Working capital
€165,923▲ 122%
2021 · €74,651
Trend over the years

2019 to 2023, 3 financial years 2019 to 2023, 3 financial years

The operating result is €69,483 in 2023, compared with €18,801 in 2021. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€69,483 2023 Net result€50,282 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Available amounts per financial year
Line201920212023
Operating result€28,360-€18,801-€69,483-
Net result€21,592-€6,949within the sector's middle half-€50,282above the sector's middle half-
Equity€58,152-€87,246within the sector's middle half-€164,882above the sector's middle half-
Total assets€90,732-€96,042within the sector's middle half-€266,702within the sector's middle half-
Debt€32,580-€8,795-€101,821-
Working capital€30,833-€74,651within the sector's middle half-€165,923above the sector's middle half-
Solvency64.1%-90.8%above the sector's middle half-61.8%within the sector's middle half-
Current ratio2.39-9.49above the sector's middle half-4.65above the sector's middle half-
Return on assets (ROA)23.8%-7.2%within the sector's middle half-18.9%above the sector's middle half-
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €266,702
Fixed assets €55,296 ▲ 339%
Current assets €211,406 ▲ 153%
Equity and liabilities €266,702
Equity €164,882 ▲ 89.0%
Debt €101,821 ▲ 1,058%
Debt's share of the balance-sheet total rises from 9.2% to 38.2%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2021
EBITDA
€79,416▲
2021 · €31,396
Cash flow
€60,215▲
2021 · €19,544
Debt to equity
0.62▲
2021 · 0.10
ROE
30.5%▲
2021 · 8.0%
Interest coverage
over 100▲
2021 · 18.81
Debt ≤ 1 year
€45,483▲
2021 · €8,795
Debt > 1 year
€56,338
Income taxes
€18,856▲
2021 · €11,517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2021 · 43 lines
Balance sheet Code20212023
Assets
Total assets20/58€96,042€266,702▲
Fixed assets21/28€12,595€55,296▲
Tangible fixed assets22/27€12,595€55,296▲
Plant, machinery and equipment23-€2,380
Furniture and vehicles24€12,595€52,916▲
Current assets29/58€83,446€211,406▲
Amounts receivable within one year40/41€52,497€155,475▲
Trade receivables40€23,485€99,892▲
Other amounts receivable41€29,012€55,584▲
Cash at bank and in hand54/58€30,854€55,836▲
Deferred charges and accrued income490/1€95€95=
Equity and liabilities
Total equity and liabilities10/49€96,042€266,702▲
Equity10/15€87,246€164,882▲
Contributions10/11€18,600€18,600=
Contributions outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€68,646€146,282▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€66,786€144,422▲
Amounts payable17/49€8,795€101,821▲
Amounts payable after more than one year17-€56,338
Financial debts170/4-€56,338
Amounts payable within one year42/48€8,795€45,483▲
Trade debts44€2,445€19,719▲
Suppliers440/4€2,445€19,719▲
Taxes, remuneration and social security45€6,350€25,763▲
Taxes450/3€6,350€25,763▲
Income statement Code20212023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,595€9,933▼
Other operating charges640/8€119€53▼
Gross operating margin9900€31,515€79,469▲
Operating profit (loss)9901€18,801€69,483▲
Financial income75/76B€1,334-
Recurring financial income75€1,334-
Financial charges65/66B€1,669€345▼
Recurring financial charges65€1,669€345▼
Profit (loss) for the period before taxes9903€18,465€69,138▲
Income taxes67/77€11,517€18,856▲
Profit (loss) for the period9904€6,949€50,282▲
Profit (loss) for the period to be appropriated9905€6,949€50,282▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,949€50,282▲
Transfer to equity691/2€6,949€50,282▲
To other reserves6921€6,949€50,282▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920212023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,595€12,595€9,933-
Other operating charges640/8-€119€53-
Gross operating margin9900€41,739€31,515€79,469-
Operating profit (loss)9901€28,360€18,801€69,483-
Financial income75/76B-€1,334--
Recurring financial income75€45€1,334--
Financial charges65/66B-€1,669€345-
Recurring financial charges65€802€1,669€345-
Profit (loss) for the period before taxes9903€27,603€18,465€69,138-
Income taxes67/77€6,011€11,517€18,856-
Profit (loss) for the period9904€21,592€6,949€50,282-
Profit (loss) for the period to be appropriated9905€21,592€6,949€50,282-
Line201920212023Change
Assets
Total assets20/58€90,732€96,042€266,702-
Fixed assets21/28€37,786€12,595€55,296-
Tangible fixed assets22/27€37,786€12,595€55,296-
Plant, machinery and equipment23--€2,380-
Furniture and vehicles24-€12,595€52,916-
Current assets29/58€52,946€83,446€211,406-
Amounts receivable within one year40/41€37,749€52,497€155,475-
Trade receivables40-€23,485€99,892-
Other amounts receivable41-€29,012€55,584-
Cash at bank and in hand54/58€13,863€30,854€55,836-
Deferred charges and accrued income490/1-€95€95-
Equity and liabilities
Total equity and liabilities10/49€90,732€96,042€266,702-
Equity10/15€58,152€87,246€164,882-
Contributions10/11€18,600€18,600€18,600-
Contributions outside capital11-€18,600€18,600-
Other1109/19-€18,600€18,600-
Reserves13€39,552€68,646€146,282-
Non-distributable reserves130/1-€1,860€1,860-
Reserves not available under the articles1311-€1,860€1,860-
Distributable reserves133-€66,786€144,422-
Profit (loss) carried forward14-€7,267---
Amounts payable17/49€32,580€8,795€101,821-
Amounts payable after more than one year17€10,467-€56,338-
Financial debts170/4--€56,338-
Amounts payable within one year42/48€22,113€8,795€45,483-
Trade debts44€3,300€2,445€19,719-
Suppliers440/4-€2,445€19,719-
Taxes, remuneration and social security45-€6,350€25,763-
Taxes450/3-€6,350€25,763-
Line201920212023Change
Profit (loss) for the period9904€21,592€6,949€50,282-
+ Depreciation and write-downs630€12,595€12,595€9,933-
Operating cash flow (approximation)€34,187€19,544€60,215-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
30-06-2023 micro format 29-02-2024 2024-00040651
30-06-2021 micro format 31-05-2022 2022-20039088
30-06-2019 micro format 30-06-2020 2020-26000153
30-06-2017 micro format 31-01-2018 2018-03100422
30-06-2016 abbreviated format 06-07-2017 2017-27300565
30-06-2015 abbreviated format 21-02-2017 2017-04700081
30-06-2014 abbreviated format 31-01-2015 2015-03500543
30-06-2013 abbreviated format 24-02-2014 2014-04800257
30-06-2012 abbreviated format 27-02-2013 2013-05200344
30-06-2011 abbreviated format 27-02-2012 2012-04400446

Similar companies · same sector, comparable size

Of the 22,617 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,445. 8,579 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €317 awarded · €317 paid
Schemes
1 entry · €317 · €317 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 18 January 2010, Entrodev was incorporated.1 Total assets went from €90,732 in 2019 to €266,702 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2023

Acts, filings and financial milestones

2024
29-02
NBB filing Annual accounts filed
financial year 2023 · micro format · 29 days late
2023
30-06
Financial Highest result from 2019 to 2023net €50,282 ▲624%
Operating result €69,483, net result €50,282, both a record.
30-06
Financial Equity above €150,000equity €164,882 ▲89%
A profit in every financial year since 2019 builds equity to €164,882.
2022
31-05
NBB filing Annual accounts filed
financial year 2021 · micro format · 120 days late
2021
30-06
Financial Weakest financial yearnet €6,949 ▼67.8%
Net result drops to €6,949, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity more than triplescurrent ratio 9.49
Current ratio from 2.39 to 9.49; short-term debt falls from €22,113 to €8,795.
2020
30-06
NBB filing Annual accounts filed
financial year 2019 · micro format · 151 days late
2018
31-01
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
06-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 156 days late
21-02
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 387 days late
2015
31-01
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
2014
24-02
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 24 days late
2013
27-02
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 27 days late
2012
27-02
NBB filing Annual accounts filed
financial year 2011 · abbreviated format · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded18-01-2010
Financial year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
43240Other construction installation
47521Retail sale of hardware, building materials, paint and glass (general range)
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0822500711
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0822.500.711

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2010
registered office establishment The establishment unit on the map
Ground area
476 m²
Building footprint
105 m²
Building volume
567 m³
Parcel 44034C0186/00G002, Flanders · tallest building 8.5 m. Linked by address, not a title deed.
1 establishment unit
Entrodev
Boskapellaan 78, 9080 LochristiGeneral electrical installation work
since 2010unit no. 2.185.801.364
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44034C0186/00G002 Flanders 476 m² 1 · 105 m² 8.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.